Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Research analysts at National Bank Financial cut their FY2024 earnings estimates for shares of Agnico Eagle Mines in a note issued to investors on Monday, February 10th. National Bank Financial analyst M. Parkin now expects that the company will post earnings per share of $5.95 for the year, down from their prior estimate of $6.02. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. National Bank Financial also issued estimates for Agnico Eagle Mines' FY2025 earnings at $8.11 EPS.
Several other research firms also recently weighed in on AEM. Stifel Nicolaus boosted their target price on Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. National Bankshares lifted their price objective on shares of Agnico Eagle Mines from C$143.00 to C$144.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Agnico Eagle Mines has a consensus rating of "Buy" and a consensus target price of C$116.00.
Check Out Our Latest Analysis on Agnico Eagle Mines
Agnico Eagle Mines Trading Down 5.1 %
AEM stock traded down C$7.24 during midday trading on Thursday, reaching C$135.79. 1,553,155 shares of the company traded hands, compared to its average volume of 863,759. The firm has a market capitalization of C$48.01 billion, a price-to-earnings ratio of 47.71, a P/E/G ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines has a 52-week low of C$61.85 and a 52-week high of C$145.25. The business has a 50 day moving average of C$124.20 and a 200-day moving average of C$115.85. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.89 and a current ratio of 1.75.
Insider Buying and Selling at Agnico Eagle Mines
In related news, Senior Officer Ammar Al-Joundi sold 17,936 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total value of C$2,005,962.24. Also, Director Martine Celej sold 2,208 shares of the firm's stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total value of C$246,942.72. Insiders have sold 79,644 shares of company stock valued at $9,420,367 in the last quarter. 0.08% of the stock is owned by insiders.
Agnico Eagle Mines Company Profile
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Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.
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